About your Search

20130318
20130326
Search Results 0 to 7 of about 8 (some duplicates have been removed)
the country's tried to take, the government's tried to take a big step forward, under the clinton administration and then under the first year of the obama administration. and each time the senate killed it. >> yeah. but the key thing there is that each time both the clinton administration and the obama administration tried to do this it was essentially a top-down, inside the beltway strategy. we are going after and trying to cajole and convince and persuade the members of the senate and the house to pass this legislation without first engaging the broad public and building a citizens movement, a issue public as i talked about before that was actually demanding change. because in the end politicians care about their job. and if they don't feel like there's a political price to pay for opposing action on climate change or alternatively a political opportunity to be had by being a leader on this issue, it's very easy for them to say, "you know what? i've got a lot of other things here on my plate to deal with. i've got lots of lobbyists coming into my office as well as people back h
it was enacted in the depression with roosevelt to 1999 when bill clinton and congress repealed it. >> well, i don't want to get into a dispute with you, bill. i think -- >> go right ahead, everybody else does. >> i think there was a long history of evasion. in other words ways were found in the '60s and '70s long before the repeal, ways were found by banks setting up investment banks, setting up new financial institutions to get around if not the letter then certainly the intent of that kind of regulation. when it was found possible politically first to weaken glass-steagall and then eventually to repeal it, well, that was even better. but basically the minute the regulation was set the regulated industries took it as a problem to be solved. then they hired the economists like me, the accountants, the lawyers and all the other specialists to figure out how to get around it. >> and armies of lobbyists, let's face it. >> armies of lobbyists to make sure that the laws get massaged and the rules get adjusted so that they can get around it. that's why we keep having financial scandal after financi
Search Results 0 to 7 of about 8 (some duplicates have been removed)

Terms of Use (10 Mar 2001)